News
Jet Engine Maker Pratt & Whitney To Lay Off 163 Employees
The AP (2/24) reports, "Jet engine maker Pratt & Whitney delivered a blow to its unionized work force Tuesday, announcing it will lay off 163 employees and appeal a judge's decision blocking it from moving 1,000 jobs out of Connecticut." Company president David Hess said "Pratt & Whitney strongly disagreed with the federal court's ruling earlier this month and planned to file an appeal." Hess said "the subsidiary of United Technologies Corp. is reacting to a downturn in the airline industry due to the recession. Closing two engine repair businesses and moving the jobs to Georgia, Japan and Singapore would reduce costs by more than $53 million a year, he said." Hess also said "nothing in the court's ruling changes the economic realities facing the company and its airline customers."
